Hi all, New to the thread, and Thanks 60MM for the Thread, I have enjoyed reading it. Here are a couple trades taken a few hours ago Signal Type 1. Both are at BE now (they are on a short leash because its Friday)
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DislikedHi all, New to the thread, and Thanks 60MM for the Thread, I have enjoyed reading it. Here are a couple trades taken a few hours ago Signal Type 1. Both are at BE now (they are on a short leash because its Friday)
Attachment AttachmentIgnored
DislikedAlso took some out of the jpy pairs. It also appears that those that could not get in earlier might get another go...
OluIgnored
DislikedThanks Olu, I have been doing real well also all week with a few of the yen/crosses. But both of the trades I just posted died at BE which tells me Its time to quit for the week. Hope You and everyone else has a great weekend, and we will do it again next weekIgnored
Dislikedgood exercise over the weekend is to go over every valid H4 trade on the pairs you trade and make a record of results based on the rules in post 1...
something I do every week... doesn't take long and will highlight places where you made the wrong decision and vice versa..
I have the skype group doing it and its proving helpful to them..Ignored
DislikedGood exercise/advice!
AUDJPY: Oanda-3 signals-3 BE FXdd-3 signals-1 loss, 1 BE, 1 win
AUDUSD: Oanda-3 signals - 3 win FXdd-2 signals-1 BE, 1 win
CADJPY: Oanda- 3 signals - 3 win FXdd-1 signal-1 win
EURGBP: Oanda-2 signals-1 win 1 loss FXdd-2 signals- 2 wins
EURJPY: Oanda-2 signals-2 win FXdd-1signal - 1 win
EURUSD: Oanda-2 signals-2 loss FXdd-1signal - 1 win
GBPUSD: Oanda-1 signal-1 BE FXdd-2signals- 2 wins
USDCAD: Oanda-2signals-2 wins FXdd-2signals- 2 wins
USDJPY: Oanda-1signal-1 win...Ignored
Dislikedskype room
decided to limit the skype room to 25 traders to keep it streamline and less confusing
it is for trading the rules on page 1 only
got 5 more spots available, p.m me your skype contact if you would like to join inIgnored
DislikedHey The Camel,
Just awaking out of slumber . I started trading this strategy on March 12, 2012. It helps me to measure the system's performance.Ignored
DislikedRULE 5 POSITION SIZING
ALL TRADES SHOULD HAVE A RISK OF 2%, REGARDLESS OF PIP SIZE YOU MUST ADJUST YOUR LOT SIZE SO YOUR RISK IS EQUAL ON EVERY TRADE..... VERY IMPORTANT !!!!!!!!
Just curious how other people are calculating their lot size to limit risk on their trade. Is there an indicator or script that can help with this? Or perhaps just a "cheat sheet" somebody uses? This is an area where I struggle to get the right lot size to minimize the risk of the trade to only 2% of my account. Thanks...Ignored
DislikedJust curious how other people are calculating their lot size to limit risk on their trade. Is there an indicator or script that can help with this? Or perhaps just a "cheat sheet" somebody uses? This is an area where I struggle to get the right lot size to minimize the risk of the trade to only 2% of my account. Thanks...Ignored